Cheap Homes for Sale in Billings, MT

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Billings, MT Housing Market Overview

Billings's housing market currently favors buyers. This gives buyers the upper hand in negotiations. With a 4-month supply of homes and an average of 106 days on the market, buyers have plenty of time to choose and significant bargaining power.

Status

Buyer's Market

Days on Market

106

Inventory

2

Aug 2021Mar 2024Mar 2026

Median Home Price

$379,900Down 0.03%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
2 Down 0.01%
Newly Listed Homes
185 Up 0.01%
Months of Supply
4 Down 1.00%

Housing Demand

Homes Sold
129 Down 0.00%
Sale-to-List Ratio
0% Down 0.00%
Homes Sold Above List
0% Down 0.00%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Billings Market Report
  • mls-imgIDX Logo
    Based on information from the Montana Regional MLS, LLC (alternatively, from MRMLS)through Sep 6, 2026, 10:45 PM. IDX information is provided exclusively for consumers(U+0027) personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MRMLS.

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Billings, MT Housing Marketlink qauare
Homes Available icon

2

Homes Available

Median List Price icon

$ 379,900

Median List Price

Avg on Market icon

106 Days

Avg on Market

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